NOT LISTED FOR SALE

20922 Serrano Creek Rd Unit 50 Lake Forest, CA 92630

Estimated Value: $542,000 - $556,000

2 Beds
1 Bath
884 Sq Ft
$325/mo HOA Fee

Last Sold August 17, 2018

Last sale price $339,000 $383 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,726/month

36 Days on Market

Highlights

  • In Ground Spa
  • View of Trees or Woods
  • Granite Countertops
  • Lake Forest Elementary School Rated A-
  • Traditional Architecture
  • Family Room Off Kitchen

About This Home

As of August 2018

SELLER MOTIVATED!!! REDUCED PRICE!!!!! Beautiful Ground Floor Condo-Home has many upgrades; Including granite counter tops in the kitchen and bathroom. Kitchen, distressed style finish, has glass front cabinets and a pantry too. Travertine flooring throughout the living-room and kitchen adds to ease of maintenance for this lovely home. Two large bedrooms with sliding closet doors for easy access to the generous space inside. Bathroom has been completely renovated, giving it an open Tuscany feel. Adjacent to the living room is the spacious patio for relaxing or parties. The open kitchen/dining area also has a full size laundry closet with washer & dryer hook-up. You will have access to the HOA pool & spa. Assigned Parking is included and there is plenty of guest parking too. Condo-home is estimated at 900 Square Feet. A one-year home warranty is also included! Serrano Creek Villas is considered to be one of the more popular communities. Close to award winning schools, relaxing parks, shopping and movies centers. Seller motivated and will review all offers. CONTRIBUTION OF $2000 TOWARDS BUYER'S CLOSING COSTS.

Last Agent to Sell the Property

Haroldo Midence

H.M. Realty License #01161158 Listed on: 06/13/2018

Last Buyer's Agent

Marea Sanhueza

The Boutique Real Estate Group License #01773345

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,914

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 1 Common Wall
  • No Landscaping

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Views of Woods
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • In Ground Spa
  • Patio

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11397
  • Assessor Parcel Number 93994050

Community Details

Overview

  • 125 Units
  • Optimun Professional Association, Phone Number (714) 508-9070

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,914

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Serrano Creek Villas (SO)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93994050
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 884.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Entry Location: ground floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 383.48
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Spa Features: Association, In Ground
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Optimun professional
  • Phone: 7145089070
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 125
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 1
  • Tax Tract Number: 11397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Gilbert Ryan and Gilbert Claudia Ornelas
Bought by
Gilbert Ryan and Gilbert Claudia Ornelas
Total Days on Market
36
Current Estimated Value
$549,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,875
Outstanding Balance
$299,500
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$247,315

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 23, 2018
Sold by
Fedor Steven R and Sanchez De Fedor Claudia M
Bought by
Gilbert Ryan and Gilbert Claudia
Seller's Agent
Haroldo Midence
H.M. Realty
Buyer's Agent
Marea Sanhueza
The Boutique Real Estate Group
List Price
$365,000
Sold Price
$339,000
Premium/Discount to List
-$26,000
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$332,859
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2015
Sold by
Varela Arthur and Varela Nicole A
Bought by
Fedor Steven E and Fedor Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,127
Interest Rate
3.98%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2004
Sold by
Varela Arthur and Varela Nicole A
Bought by
Varela Arthur and Varela Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 10, 1998
Sold by
Ulshafer Michael C
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
Feb 20, 1996
Sold by
Ulshafer Vanessa Joy
Bought by
Ulshafer Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,100
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1996
Sold by
Hud
Bought by
Ulshafer Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,100
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1995
Sold by
Sun West Mtg Company Inc
Bought by
Hud

Purchase Details

Closed on
Jul 13, 1995
Sold by
Viall Gregory Scott
Bought by
Sun West Mtg Company Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gilbert Ryan -- Radian Settlement Services
Gilbert Ryan $339,000 North American Title
Fedor Steven E $285,000 Usa Ntaional Title Co
Varela Arthur -- Southland Title
First Nationwide Mtg Corp $73,372 Orange Coast Title
Ulshafer Michael C -- American Title Ins Co
Ulshafer Michael C -- American Title Ins Co
Hud -- --
Sun West Mtg Company Inc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Ryan $325,875
Closed Gilbert Ryan $331,958
Closed Gilbert Ryan $332,859
Previous Owner Fedor Steven E $292,806
Previous Owner Fedor Steven E $291,127
Previous Owner Varela Arthur $230,000
Previous Owner Varela Arthur William $168,750
Previous Owner Varela Arthur William $103,400
Previous Owner Ulshafer Michael C $64,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $339,000 -4.5% $383 / Sq Ft
06/19/2018 06/19/18 Price Changed $355,000 -2.7% $402 / Sq Ft
06/13/2018 06/13/18 For Sale $365,000 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,914 $370,744 $307,472 $63,272
2023 $3,822 $363,475 $301,443 $62,032
2022 $3,754 $356,349 $295,533 $60,816
2021 $3,679 $349,362 $289,738 $59,624
2020 $3,646 $345,780 $286,767 $59,013
2019 $3,574 $339,000 $281,144 $57,856
2018 $3,056 $296,514 $238,353 $58,161
2017 $2,994 $290,700 $233,679 $57,021
2016 $2,943 $285,000 $229,097 $55,903
2015 $1,361 $135,424 $69,423 $66,001
2014 $1,330 $132,772 $68,063 $64,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18140963

California Regional Multiple Listing Service (CRMLS)

APN: 939-940-50